LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 77th Regular Session March 21, 2001 TO: Honorable Frank Madla, Chair, Senate Committee on Intergovernmental Relations FROM: John Keel, Director, Legislative Budget Board IN RE: SB1287 by Carona (Relating to the financing of certain housing and nonhousing facilities by a housing finance corporation.), As Introduced ************************************************************************** * No fiscal implication to the State is anticipated. * ************************************************************************** Local Government Impact The bill would add to the list of expenses for which a housing finance corporation would be authorized to issue bonds to defray costs, in whole or in part, any costs associated with the provision of decent, safe, and sanitary housing and nonhousing facilities that are an integral part of or are functionally related to an affordable housing project. No significant fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: JK, DB